Oxford Technology VCT manages a group of Venture Capital Trusts offering investors tax benefits while backing early-stage science, technology and engineering companies in the UK. Since its first listing on the London Stock Exchange in 1997, small-cap trusts raised capital through initial and top-up offers before merging into a single entity under OT2 VCT plc in 2023. Based near Oxford, the firm maintains active involvement in local investee businesses, working to build shareholder value through equity realisations and dividends.
Investment rounds typically range from £100,000 to £500,000, with occasional exceptions for larger follow-on funding. Targets are unlisted UK businesses within roughly 60 miles of Oxford, chosen for their technical potential. Funds operate under both SEIS and EIS regulations, with all trusts approved by HMRC and the management firm authorised by the Financial Conduct Authority. Regular reporting includes annual accounts, interim statements and net asset value updates, promoting transparency. Exits occur through share buybacks, tender offers or trade sales, with returns linked to investee performance rather than market trends.
The trust has supported sustainability-driven ventures such as OxWash’s water-saving laundry system, Refeyn’s platform for molecular measurement and HydRegen’s bio-manufacturing solutions. Pathfinder Bio uses enzyme processes for chemical production, while an early stake in Oxford PV focused on perovskite solar cells to improve panel efficiency. Although there are no public investments in battery cell makers or grid-scale storage firms, Invro’s work on ultra-low power radio technology demonstrates an indirect approach to reducing reliance on conventional power sources. Overall, the portfolio reflects a preference for environmental impact and industrial sustainability.
